Namibia rss

Rössing restructuring to see 276 jobs go

Corporate

01 March 2013

Falling uranium demand and prices due to the Fukushima accident, as well as increasing costs of electricity and water, have caused Rössing Uranium to reduce its workforce by 276. 

Fuel cycle roundup #3

Exploration and Nuclear Fuel

24 August 2012

• Indian JV to buy into overseas mines
• Final EIS for US deconversion plant
• Offtake agreements for Paladin
• Epangelo out of Etango

End in sight for Extract buyout

Corporate

01 March 2012

Namibian_drilling_(Extract)_48The directors of Extract Resources, would-be developer of the Husab uranium deposit in Namibia, have urged shareholders to accept a buyout offer from China Guangdong Nuclear Power Company subsidiary Taurus Mineral.

Fuel cycle roundup #4

Exploration and Nuclear Fuel

23 November 2012

• Husab project ready to go
• Peninsula receives mining permit for Lance
• Mkuju River receives EIA

Namibia buys in to Etango

Exploration and Nuclear Fuel

12 April 2012

Namibian state mining company Epangelo is set to take an active role in the development of the Etango uranium project after Bannerman Resources agreed to sell it a 5% stake in the project for which a definitive feasibility study has just been completed.

Unconditional offer in for Extract

Corporate

14 February 2012

A China Guangdong Nuclear Power Company (CGNPC) subsidiary has taken a further step towards purchasing the Husab uranium project in Namibia.